The relation between private transfers and household income on looking at altruism, exchange and risk-sharing hypotheses. An empirical analysis applied to Russia (In French)

Matthieu Clément

Cahiers du GRES (2002-2009) from Groupement de Recherches Economiques et Sociales

Abstract: The aim of this paper is to analyze the impact of household income on private transfers in Russia on the basis of altruism, exchange and risk sharing hypotheses. Econometrical investigations, with Russia Longitudinal Monitoring Survey data for 2002, show that private transfers can’t be explained by altruism but rather by reciprocity. More precisely, in poor households, the idea of risk sharing is central, whereas in richer households, individual interest (exchange hypothesis) is more appropriate to understand private transfers.

Keywords: Private transfers; well-being; altruism; exchange; risk-sharing; bivariate Tobit; spline regression; Russia (search for similar items in EconPapers)
JEL-codes: C24 C34 D64 I30 P20 (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-tra
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Working Paper: The relation between private transfers and household income on looking at altruism, exchange and risk-sharing hypotheses. An empirical analysis applied to Russia (In French) (2007)
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